Summary Of Position

Provides independent analyses and audit services to the Audit Subcommittee of the Board of Trustees and to university management to help minimize the University’s exposure to risk, while enhancing business practices and service quality to the University. Plans, conducts, and documents audits; assesses risks; evaluates internal control design and effectiveness; performs fieldwork, testing, and data analysis.

Position Information

Essential Functions and Responsibilities: Responsible for performing financial, operational, and investigative audits and risk assessments. 

Performs periodic risk assessments, at least once annually, to develop the risk-based audit plan. 

Plans, schedules, and conducts internal audits, including the evaluation of the effectiveness of internal controls and compliance with university policy, standards for professional practice, state and federal laws, contractual obligations, and sound business practices.

Conducts fieldwork, including interviews with personnel, external confirmations, physical observation, and review and analysis of financial records and other University documents. 

Documents work performed by completing detailed work papers.

Develops written audit findings and makes recommendations for corrective actions to improve processes, procedures, and controls to university management and to the Board of Trustees.

Presents audit reports and findings to the Board of Trustees’ Audit Subcommittee on a quarterly basis. 

Administers the University’s anonymous reporting hotline. 

Performs ad hoc audits and other related duties as assigned.

Other Functions and Responsibilities: Assists with training new hires.

Performs other duties as assigned and/or required that are within the level of responsibility for this classification at the discretion of the supervisor.

Equipment Operated: Computer and all other standard office equipment.

Work Schedule: Typically, Monday through Friday.

Primary Location: Youngstown

Supervision Exercised: Supervision may be exercised over student employees.

Reports to: Board of Trustees

Vice President for Finance and Business Operations

Qualifications and Competencies

Required Certifications, Training, and/or Licensures: Certification as a CIA or CPA (if not certified, the University will sponsor the employee’s certification(s) and professional development).

Sponsorship and/or Work Authorization Status: This position is not eligible for sponsorship. 

Knowledge, Skills, and Abilities: 

Knowledge of: university policies and procedures*; office practices and procedures; department/division goals and objectives*; department/division policies and procedures*; workplace safety practices and procedures*; English grammar and spelling; records management; office management. 

Skill in: use of office equipment; typing, data entry; computer operation; use of computer software and other programs applicable to the assigned department/division*. 

Ability to: employ strong analytical skills; define problems, collect data, establish facts, and draw valid conclusions; determine material and equipment needs; calculate fractions, decimals, and percentages; compile and prepare reports; use proper research methods to gather data; understand a variety of written and/or verbal communications; prepare accurate documentation; maintain records according to established procedures; effectively interact with personnel and public to answer routine questions; train or instruct others; move quickly and effectively from one task to another; work independently and in a team environment; develop and maintain effective working relationships. 

(*) Developed after employment.

Minimum Qualifications: A bachelor's degree in accounting, finance, or a related discipline and one year of relevant experience; OR an associate degree and three years of related and/or equivalent experience; OR a high school diploma or GED and at least ten years of equivalent experience.

Preferred Qualifications: Certification as a CIA or CPA. 

Physical Requirements: In accordance with the U.S. Department of Labor physical demands strength ratings, this position will perform sedentary work.

Sedentary: work involves exerting up to 10 pounds of force occasionally or a negligible amount of force frequently to lift, carry, push, pull, or otherwise move objects, including the human body. Sedentary work involves sitting most of the time but may involve walking or standing for brief periods of time. Jobs may be defined as Sedentary when walking and standing are required only occasionally and all other Sedentary criteria are met.

Supplemental Information

This is an entry-level position with opportunities for professional development and career growth within the Internal Audit department.